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What Does Asset Turnover Measure

Question 2

Multiple Choice

What does asset turnover measure?


A) It is the retailer's gross sales divided by its net sales.
B) It is the retailer's total productivity divided by its net sales.
C) It is the retailer's average productivity divided by gross sales.
D) It is the retailer's net sales divided by its assets.
E) It is the retailer's total productivity divided by gross sales.

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